Word: move
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Dates: during 1950-1959
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Congressman Alger's view, of the horizon may have been unduly clouded, but few of his colleagues who will move up to Capitol Hill for the opening of Congress next week were much more optimistic about the prospects. They are largely the same men who marched down the Hill only four months ago, but they are coming back to a different world. Inflation has changed to recession; the unassailable Eisenhower is under heavy assault; big talk of economy has changed to big talk of defense spending; and the air of smug superiority has yielded to the very real threat...
...Move. At home, Khrushchev nominated himself as spokesman of the New Class in the Soviet Union. He was careful to disassociate himself from Stalin's terror, and the New Class was grateful. Khrushchev himself told British Laborite Aneurin Bevan the story of how it had been before. Presidium members, said Khrushchev, drew up a plan to decentralize the economy after World War II, and Voznesensky, the chief economic planner, took it to Stalin. "Voznesensky came back," said Khrushchev, "and told them Stalin had denounced him as a traitor to socialism. This made them angry because Voznesensky had merely done what...
...huge GUM Department Store in the capital's outskirts and is building 20 blocks of apartment buildings to give some of the elite's rising expectations a little houseroom. Said one proud engineer: "It is time for others to think of us as other than backward. We are moving, and Khrushchev is helping us move...
...looks as mass-produced as the receivers. Production has shifted steadily to Hollywood, where the film factories grind out series after series like links of sausage. Despite its uneven quality this season, Playhouse go proves that Hollywood TV can turn out good live drama as well. But with the move of CBS's Studio One to Hollywood this month, live TV drama has lost almost the last of the roots that nourished it from fertile Broadway soil...
...Gold-Plated Recession. In a growth country, the predictions are for growth, despite a recession in the early months of 1958. The gross national product will probably rise at least $1 billion. Technically, the economy will "recede" or move sideways. But if recession is defined even in the mild terms of the 1953-54 slump, it will still be a gold-plated recession. At that time, gross national product dropped by $6.3 billion; industrial production dipped 15 points on the FRB's index, more than most economists foresee for 1958; unemployment then rose to 5% of the labor force...